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Freeview Tops British Poll of TV Innovations

August 11, 2008

LONDON, August 11: TV viewers in the U.K. have voted Freeview as the technology that has had the greatest impact on the way they watch television, while mobile TV was reported to have no influence on consumers’ habits. The survey, …

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Lionsgate Reports Revenue, Profit Gains

August 11, 2008

SANTA MONICA, August 11: Lionsgate notched up revenues of $298.5 million for the first quarter of fiscal 2009, a 50-percent rise from its year-ago results, with a profit of $7.1 million compared to last year’s net loss of $53.1 million. …

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Discovery Revenues Up 10 Percent

August 11, 2008

ENGLEWOOD, August 11: Second quarter revenues at Discovery Communications increased 10 percent on the year-ago period to $863 million, driven by the company’s international portfolio of networks. Adjusted operating income before depreciation and amortization (OIBDA) gained 19 percent in the …

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Revenues Up, Loss Narrowed at RHI

August 8, 2008

NEW YORK, August 8: RHI Entertainment, which recently completed its IPO, has reported second quarter revenues of $53.4 million, reflecting a 130-percent gain, and a smaller net loss of $5.8 million, as compared with $33 million in the comparable period …

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Moves Made to Oust KBS Chief

August 8, 2008

SEOUL, August 8: The board of directors of the Korean Broadcasting System (KBS) has approved a proposal to oust the pubcaster’s president, Jung Yun-joo. According to a report on the KBS website, Jung’s fate now rests in the hands of …

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Disney Completes Investment in UTV Broadcasting Business

August 8, 2008

MUMBAI, August 8: The Walt Disney Company, which already owns 32.1 percent of UTV Software Communications, has completed the acquisition of a 15-percent interest in the Indian media company’s broadcasting arm. Disney spent Rs. 1.18 billion ($28 million) for 15 …

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Revenues Drop at Univision

August 8, 2008

NEW YORK, August 8: U.S. Hispanic media company Univision Communications has reported that its second quarter revenues fell 4.3 percent to $533.1 million, while its net loss increased to $100.7 million from last year’s $19.6 million. Commenting on the results, …

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Virgin Media Posts Loss

August 8, 2008

LONDON, August 8: An impairment charge of £366.2 million on its mobile business has led to Virgin Media posting a second quarter operating loss of £333.1 million, as compared with the year ago’s profit of £3 million. Revenues, meanwhile, were …

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NBCU Secures $1 Billion-Plus in Olympics Ad Revenue

August 8, 2008

BEIJING, August 8: NBC Olympics has surpassed $1 billion in advertising for the Beijing Olympic Games, which kick off today and run through August 24. Sales were boosted by NBC Universal’s prime-time coverage of the U.S. Olympics Trials for swimming, …

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Sci Fi Shorts for Sale on iTunes

August 8, 2008

LONDON, August 8: Shorts International’s The Sci Fi Collection of Shorts is now available on the iTunes Stores in the U.S., the U.K. and Canada, featuring 21 titles ranging from drama to thrillers to animation. The features include Eli, a …